Free video reveals: How to solve boomers' idle $13 trillion with IULs

Take the next big step in your career.

Take the next big step in your career.

Take the next big step in your career.

Order your poster today.

INN Blog

More Posts
 

USAA Membership Tops 10 Million

By Dave Mayfield, The Virginian-Pilot
McClatchy-Tribune Information Services

March 29--USAA, a financial services company that caters to military families, said in its annual report that its membership crossed 10 million. The San Antonio-based company said Friday it ended the year at about 10.1 million members, up from 9.4 million a year earlier.

USAA's revenue in 2013 nudged up to just under $21 billion from $20.7 billion the year before. Its net income fell to roughly $2.73 billion last year from $2.83 billion the year before. That was largely because of a swing to a loss of $525 million on investments, compared with a gain of $829 million in the prior year.

USAA said its insurance premiums, which account for the bulk of its business, rose to $14.3 billion in 2013 from $13 billion the year before.

___

(c)2014 The Virginian-Pilot (Norfolk, Va.)

Visit The Virginian-Pilot (Norfolk, Va.) at pilotonline.com

Distributed by MCT Information Services

Wordcount: 146



USER COMMENTS:


  More Life Insurance News

More Life Insurance News >>
  Most Popular Life Insurance News

More Popular Life Insurance News >>
Hot Off the Wires  Hot off the Wires

More Hot News >>

insider icon Denotes premium content. Learn more about becoming an Insider here.